Indonesia’s palm oil exports fall due to pandemic World

Indonesia’s palm oil exports fall due to pandemic

Indonesia’ palm oil exports and its derivatives dropped to 4.93 million tonnes in the first two months of 2020 from 6.6 million tonnes in the same period last year due to the COVID-19 pandemic’s impact, the Indonesian Palm Oil Producers Association (GAPKI) said on April 21.
Indonesia opposes EU’s energy policy World

Indonesia opposes EU’s energy policy

Indonesian Deputy Foreign Minister Mahendra Siregar on March 11 stressed that Indonesia could not accept the European Union (EU)’s energy policy, describing it as discriminatory.
Malaysia, India aim to repair ties World

Malaysia, India aim to repair ties

Malaysia and India will work on improving ties that turned sour under former Malaysian Prime Minister Mahathir Mohamad and badly affected palm oil trade between the countries, Reuters reported on March 1, quoting officials from both nations.
US firms explore Cambodian agricultural market World

US firms explore Cambodian agricultural market

As many as 16 US enterprises, including IBM, Amazon, and John Deere, visited Cambodia for seeking investment opportunities in agriculture, according to US Ambassador to Cambodia Patrick Murphy.
Indonesia’s biodiesel thirst may weaken palm oil exports World

Indonesia’s biodiesel thirst may weaken palm oil exports

Indonesia is likely to use up 8.3 million tonnes of palm oil to meet domestic demand for biodiesel this year, rising concerns there won’t be enough palm oil left to export, according to the Indonesian Palm Oil Association, or Gapki.
nCoV begins its toll on Indonesian economy World

nCoV begins its toll on Indonesian economy

The outbreak of the acute respiratory disease caused by the 2019 novel coronavirus (nCoV) has started impacting Indonesia’s tourism and export sectors, according to Indonesian officials.